Laserfiche WebLink
Proposals, whereby the minimal park requirements are two acres <br />per one thousand population; and <br />NF-EREAS,'CITY has further delineated park and recreation lands <br />and facilities in its General Plan,'page 19, workbook 4, existing <br />-and proposed; <br />NOW, THEREFORE, FOR AND ITT CONSIDERATION OF THE. MEJTUAL PROMISES, <br />COVE _'LgTS AND CONDITIONS HEREINAFTER SET FORTH, T'E PAR.TIES <br />HERETO AGREE AS FOLLOWS: <br />Lowell School is located at 915 West Richland, Santa Ana, <br />California. <br />II <br />The parties hereto agree that the cost of development for recrea- <br />tional use of the Revenue Sharing project site described in <br />paragraph I above shall be equally divided between the CITY <br />and the COUNTY and the CITY shall pay 50% of the project cost, <br />with a ceiling price of Twelve Thousand Five Hundred Dollars <br />($12,500), and the COUNTY shall pay 50% of the project cost, <br />or .Twelve Thousand Five Hundred Dollars ($12,500) or a lesser <br />amount, if the CITY'S cost of development after the date of <br />the agreement decreases. CITY shall- be responsible for the cost <br />of overhead, operation and maintenance; such costs are not to I) --- <br />included in this joint. funding agreement. Mfonthly,payments by <br />the COUNTY, based on actual expenditures, cortaiencing from October <br />5,.1973 shall be made upon tender of invoices and proper <br />2 <br />- d <br />t <br />f <br />i <br />1 <br />i <br />